Posts From Tom Noda

Central Bank of the Philippines Explains Digital Money in One Image

The Banko Sentral ng Pilipinas (BSP) or central bank of the Philippines has released its latest update on Virtual Currency (VC) contained in one image. It explained the differences between virtual currencies, e-Money, and Fiat/Real Currency.   Featured image via

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How Not to Become Victim of Bitcoin Ponzi Scheme

Bitcoin is real, while Ponzi scheme is fake. The former is an existing digital currency, while the latter phrase means a fraudulent investment activity that got its name from Charles Ponzi, an infamous swindler in the 20th century. The recent

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How to Open a Bitcoin Wallet in the Philippines?

As mentioned in the other article that Bitcoin is real while Ponzi scheme is fake, one particular opposite reality of both worlds is Ponzi schemes flunk 100 per cent in their “get-rich-quick” promises, and while opening a Bitcoin wallet in

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Philippines Mobile Payment Providers Go Into Acceleration Mode

Cashless and contactless transactions in the Philippines are definitely on the rise as mobile payment providers have gone into acceleration mode since October. They continue to tap giant retail groups engaged in various industries including neighborhood variety retail stores or

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Coins, Tagcash Racing to Launch ‘First’ Crypto Order-Book Exchange in PH

Money transfer platform Coins.ph, and digital wallet company Tagcash are racing to launch a live “first Philippine-based” order-book exchange for cryptocurrency. The goal is to allow people to directly place orders to buy and sell digital currency at real-time market

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Philippine Banks on Fintech: What are They Doing?

Now seen by many as inevitable, the consolidation and cooperation between traditional banks and fintech players are becoming more frequent in the Philippines. No less than the Philippine central bank or Banko Sentral ng Pilipinas (BSP) has constantly been urging

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Pacquiao is latest CryptoCeleb, invests in GCOX

The cryptocurrency world has gained another giant celebrity endorsement with Filipino boxing legend Manny “Pacman” Pacquiao becoming an investor of a new cryptocurrency exchange GCOX. Pacquiao just took the same path of so-called “CryptoCelebs” that invested in cryptocurrencies for the

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ICO in Philippines Gaining Ground in Fintech Regulation

Developments about fintech regulations in the Philippines seem to be working to the advantage of fintech companies who do ICOs. Unlike in China where ICOs were banned in the country’s capital markets last year, the conduct of ICO in the

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PH Remittance further widens Fintech Horizon

Once again, remittances from overseas Filipinos surpassed its year-on-year record, giving a wider horizon for financial technology (fintech). The Philippine central bank or Banko Sentral ng Pilipinas (BSP) announced last Thursday, February 15, that cash remittances of overseas Filipinos increased

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Blockchain Startups Growing in Philippines

A “new mode of collaboration” or “new business collaboration tool“. These are probably the most generic definitions given to blockchain, the technology behind the first decentralized cryptocurrency Bitcoin. Thanks to Harvard Business Review, and Computerworld for putting it into layman’s

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